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Author Topic: How many bitcoins do I need to retire in 20 years?  (Read 320310 times)
Viyamore
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July 05, 2016, 05:39:24 PM
 #2761

Well I think that you can have as many as you want as long as you can save them for your future. This future will require more expenses than earnings wherein you cannot work anymore but only to enjoy life. It means all of your expenses will continue and tragic moment of being stress that will require more finances wherein the more you spent which will require you save very less due to arise hospital bills and medicines including maintenance that will cover and continues everything.
Exactly, as much as you can .but the best thing is planning and having a goal to earn for example 12btc in one year so in that case you will be able acumulate the first goal and step for every year until how much you save for 20years.


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jossiel
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July 06, 2016, 02:51:57 AM
 #2762

Firstly OP are you sure btc will be there for next 20 years?
Secondly your government will not ban the btc for next 20 years?
Thirdly if it exits and your country allows it will it have more value then your purchase price?
 

I guess that bitcoin will always be there and it will not be gone. And I think the government is going to adopt bitcoins.
So it means that bitcoin is not going to be ban by the government.

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July 06, 2016, 07:05:43 AM
 #2763

Firstly OP are you sure btc will be there for next 20 years?
Secondly your government will not ban the btc for next 20 years?
Thirdly if it exits and your country allows it will it have more value then your purchase price?
 

I guess that bitcoin will always be there and it will not be gone. And I think the government is going to adopt bitcoins.
So it means that bitcoin is not going to be ban by the government.
We hope to see that because the government are already aware of bitcoins and in fact they are monitoring it due to this currency can be use for money laundering so if they cannot beat this they would adopt with bitcoin.
torrentheaven
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July 06, 2016, 07:23:20 AM
 #2764

Well I think that you can have as many as you want as long as you can save them for your future. This future will require more expenses than earnings wherein you cannot work anymore but only to enjoy life. It means all of your expenses will continue and tragic moment of being stress that will require more finances wherein the more you spent which will require you save very less due to arise hospital bills and medicines including maintenance that will cover and continues everything.
Exactly, as much as you can .but the best thing is planning and having a goal to earn for example 12btc in one year so in that case you will be able acumulate the first goal and step for every year until how much you save for 20years.

Yeah earning 1 btc per month is a good target to set, as you work hard on it then you can earn it or at least you can get closer to it, and as time passes you will gain more experience and can find different ways to earn it.
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July 06, 2016, 08:44:03 AM
 #2765

Well I think that you can have as many as you want as long as you can save them for your future. This future will require more expenses than earnings wherein you cannot work anymore but only to enjoy life. It means all of your expenses will continue and tragic moment of being stress that will require more finances wherein the more you spent which will require you save very less due to arise hospital bills and medicines including maintenance that will cover and continues everything.
Exactly, as much as you can .but the best thing is planning and having a goal to earn for example 12btc in one year so in that case you will be able acumulate the first goal and step for every year until how much you save for 20years.

Yeah earning 1 btc per month is a good target to set, as you work hard on it then you can earn it or at least you can get closer to it, and as time passes you will gain more experience and can find different ways to earn it.

it's very easy to earn 1btc/month from trading altcoin.
but you must focus at trading, don't make trading your sidejob.
my friend can earn $100/day from trading bitcoin, im sure if you focus and go full time on bitcoin, you can earn more than 1btc/month
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July 06, 2016, 02:56:59 PM
 #2766

Well I think that you can have as many as you want as long as you can save them for your future. This future will require more expenses than earnings wherein you cannot work anymore but only to enjoy life. It means all of your expenses will continue and tragic moment of being stress that will require more finances wherein the more you spent which will require you save very less due to arise hospital bills and medicines including maintenance that will cover and continues everything.
Exactly, as much as you can .but the best thing is planning and having a goal to earn for example 12btc in one year so in that case you will be able acumulate the first goal and step for every year until how much you save for 20years.

Yeah earning 1 btc per month is a good target to set, as you work hard on it then you can earn it or at least you can get closer to it, and as time passes you will gain more experience and can find different ways to earn it.

it's very easy to earn 1btc/month from trading altcoin.
but you must focus at trading, don't make trading your sidejob.
my friend can earn $100/day from trading bitcoin, im sure if you focus and go full time on bitcoin, you can earn more than 1btc/month
Do you mean making $100/day consistently? Because I have never heard someone can make consistent profit in trading doing day trading, you must be a God if you can predict the correct direction of the price in a daily basis.

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July 06, 2016, 02:59:27 PM
 #2767

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.
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July 07, 2016, 01:03:29 AM
 #2768

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

As for me, even I don't live a luxury life as long as I'm able to save a lot of bitcoins by that time. Because when we get old of course we just want to live freely and don't want to go to work at all.
And we are just like pensioned if I'm going to hold at least maybe 100-1,000 BTC

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July 07, 2016, 01:54:13 AM
 #2769

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

As for me, even I don't live a luxury life as long as I'm able to save a lot of bitcoins by that time. Because when we get old of course we just want to live freely and don't want to go to work at all.
And we are just like pensioned if I'm going to hold at least maybe 100-1,000 BTC
Good move, I hope our speculation will come true and buy the time we will retire from work we can also get something as our retirement in bitcoins aside from our retirement in the company we worked.

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July 07, 2016, 08:50:02 AM
 #2770

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

As for me, even I don't live a luxury life as long as I'm able to save a lot of bitcoins by that time. Because when we get old of course we just want to live freely and don't want to go to work at all.
And we are just like pensioned if I'm going to hold at least maybe 100-1,000 BTC
Good move, I hope our speculation will come true and buy the time we will retire from work we can also get something as our retirement in bitcoins aside from our retirement in the company we worked.
Thats good if you save 100 - 1000 Bitcoin in your retirement, it can make your retirement happy with that amount.
You will enjoy that amount by spending in out of town and exploring the beautiful places in your country.
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July 07, 2016, 12:48:31 PM
 #2771

Firstly OP are you sure btc will be there for next 20 years?
Secondly your government will not ban the btc for next 20 years?
Thirdly if it exits and your country allows it will it have more value then your purchase price?
 
Maybe the original poster means that with selling how many bitcoins now we can retire after 20 years?

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July 07, 2016, 03:17:25 PM
 #2772

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

maybe you need more than 1000bitcoin  Cheesy Cheesy Cheesy Grin Grin Grin
for me 200bitcoin is enough for make my retirement day full of fun, i will use 10btc peryear.. hope i can reach it before retirement day..

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July 07, 2016, 06:34:28 PM
 #2773

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

maybe you need more than 1000bitcoin  Cheesy Cheesy Cheesy Grin Grin Grin
for me 200bitcoin is enough for make my retirement day full of fun, i will use 10btc peryear.. hope i can reach it before retirement day..

In 20 years, the bitcoin price will be at least 1000 times higher than now. You just need 10 bitcoins to live happily.
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July 07, 2016, 06:56:37 PM
 #2774

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

maybe you need more than 1000bitcoin  Cheesy Cheesy Cheesy Grin Grin Grin
for me 200bitcoin is enough for make my retirement day full of fun, i will use 10btc peryear.. hope i can reach it before retirement day..

In 20 years, the bitcoin price will be at least 1000 times higher than now. You just need 10 bitcoins to live happily.
Then in this case they do not need 1000 bitcoins.
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July 08, 2016, 03:37:29 AM
 #2775

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

maybe you need more than 1000bitcoin  Cheesy Cheesy Cheesy Grin Grin Grin
for me 200bitcoin is enough for make my retirement day full of fun, i will use 10btc peryear.. hope i can reach it before retirement day..

In 20 years, the bitcoin price will be at least 1000 times higher than now. You just need 10 bitcoins to live happily.
Then in this case they do not need 1000 bitcoins.

That is unrealistic, we will never gonna witness that price ever, we have to live in what is the current market of bitcoin and we should speculate base on facts.

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July 08, 2016, 04:14:52 AM
 #2776

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

maybe you need more than 1000bitcoin  Cheesy Cheesy Cheesy Grin Grin Grin
for me 200bitcoin is enough for make my retirement day full of fun, i will use 10btc peryear.. hope i can reach it before retirement day..

In 20 years, the bitcoin price will be at least 1000 times higher than now. You just need 10 bitcoins to live happily.
Then in this case they do not need 1000 bitcoins.

Your saying that it will be $600k after 20 years. Man, that's quite high and impossible to happen because there's no assurance most people in the world will adopt bitcoin.
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July 08, 2016, 05:13:20 AM
 #2777

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

maybe you need more than 1000bitcoin  Cheesy Cheesy Cheesy Grin Grin Grin
for me 200bitcoin is enough for make my retirement day full of fun, i will use 10btc peryear.. hope i can reach it before retirement day..

In 20 years, the bitcoin price will be at least 1000 times higher than now. You just need 10 bitcoins to live happily.
Then in this case they do not need 1000 bitcoins.

Your saying that it will be $600k after 20 years. Man, that's quite high and impossible to happen because there's no assurance most people in the world will adopt bitcoin.
Just in our dream would the price will happen, we should be contented even the price will reach at least $10,000, just be realistic to device a good investment plan.
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July 08, 2016, 07:40:30 AM
 #2778

now I starting doing signature campaign, if it is last until 20yrs. I got my bitcoin for almost 50BTC in 20yrs. calculation for this 2.5btc per year doing signature campaign multiplying the year, 20 years you got 50BTC for retirement.
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July 08, 2016, 08:45:37 AM
 #2779

now I starting doing signature campaign, if it is last until 20yrs. I got my bitcoin for almost 50BTC in 20yrs. calculation for this 2.5btc per year doing signature campaign multiplying the year, 20 years you got 50BTC for retirement.

You might get 5 bitcoin each year now, the amount you will get will halve every year due to bitcoin price rise. You will get about 10 in total.
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July 08, 2016, 02:32:00 PM
 #2780

now I starting doing signature campaign, if it is last until 20yrs. I got my bitcoin for almost 50BTC in 20yrs. calculation for this 2.5btc per year doing signature campaign multiplying the year, 20 years you got 50BTC for retirement.

You might get 5 bitcoin each year now, the amount you will get will halve every year due to bitcoin price rise. You will get about 10 in total.

I think that's a good range of collecting bitcoin for 20 years , so in total you are able to get 100 bitcoins after 20 years.
And I would say that is already enough for your retirement in 20 years. And it is better if the price of bitcoin by that time is already $10,000

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